1、 Price trend of sodium pyrosulfite in China
According to the monitoring of the business association, the domestic sodium pyrosulfite price continued to run at the bottom this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1676.67 yuan / ton, and the average price at the end of the week was 1676.67 yuan / ton, with a rise or fall of 0.
| PVA 1799 (PVA BF17) |
2、 Market analysis
Products: in April, with the start-up of domestic production enterprises, the domestic sodium metabisulfite inventory continues to increase, while the downstream demand continues to be weak, and the upstream and downstream trade subjects have a strong wait-and-see attitude. In April, some enterprises once again slightly reduce the factory offer, and the market price of domestic industrial grade sodium metabisulfite is reduced to 1600-1750 yuan / ton. (the above prices refer to the foreign quotations of domestic mainstream enterprises, some of which are temporarily out of their scope, and the prices are only for reference, not related to the final pricing of the manufacturer. For details, please contact each manufacturer for consultation).
| PVA 1788 (PVA BP17) |
Industrial chain: in April, domestic soda ash and sulfur prices are relatively stable, raw material costs remain low, downstream demand remains weak, and sodium metabisulfite prices are under pressure.
3、 Future forecast
Business analysts believe that the market supply is strong and demand is weak, and the domestic market price of sodium pyrosulfite will continue to move forward at the bottom in the short term.
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